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Wednesday, June 8, 2016
ATLANTA – Winning $123 million can be as easy as 1-2-3. The jackpot for Wednesday’s Powerball drawing has grown, reaching $123 million to a single annuity winner.
A winning ticket worth $50,000 was sold in Conyers from Saturday’s Powerball drawing.
The jackpot began rolling May 11 and has rolled nine times.
Powerball offers two payment options: the $123 million jackpot prize paid over 29 years in 30 graduated payments; or the cash option, which is approximately $81.8 million. Powerball tickets are $2 per play.
As with all other Georgia Lottery games, proceeds from Powerball will benefit education in the state of Georgia.
Since its first year, the Georgia Lottery Corp. has returned more than $17.4 billion to the state of Georgia for education. All Georgia Lottery profits go to pay for specific educational programs, including Georgia’s HOPE Scholarship Program and Georgia’s Pre-K Program. More than 1.7 million students have received HOPE, and more than 1.4 million 4-year-olds have attended the statewide, voluntary prekindergarten program.
POWERBALL FAST FACTS
Draw Date: Wednesday, June 8, 2016
Estimated Jackpot Amount: $123 million
Annuity Amount: Jackpot prize paid over 29 years in 30 graduated payments
Cash Option Amount: Approximately $81.8 million
Cost to Play: $2 per play; an additional $1 per play to add the Power Play multiplier
Drawings: 11 p.m. (ET) every Wednesday and Saturday
Overall Odds of Winning Any Prize: Approximately 1:24.87
Odds of Winning Jackpot Prize: Approximately 1:292 million
Date Jackpot Began Rolling: May 11, 2016
Number of Rolls: 9
Last Winning Jackpot Ticket: May 7, 2016 – $ 429.6 million jackpot (New Jersey)
#1 Powerball Jackpot: Jan. 13, 2016 – $1.586 billion jackpot (Calif.; Fla.; and Tenn.)
For more information on the Georgia Lottery Corp. and Powerball, please visit:
www.galottery.com and www.powerball.com
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